Euro

Dollar drops versus pound recording LE 16.1 for buying, LE 16.2 for selling

Wed, 24 Jun 2020 - 05:56 GMT

The dollar rate declined one piaster, standing at LE 16.1 for buying and LE 16.2 for selling, according to a statement by the National Bank of Egypt.

Southgate hopeful on Kane, Rashford fitness as England draw Belgium in Nations League

Wed, 04 Mar 2020 - 07:47 GMT

England can look forward to facing the world's top-ranked side Belgium in the next UEFA Nations League later this year, but for now manager Gareth Southgate's chief concerns surround the coronavirus outbreak and the fitness of forward duo Harry Kane and M

Barca's Dembele out of Euro 2020 after hamstring surgery

Wed, 12 Feb 2020 - 07:00 GMT

Ousmane Dembele will miss Euro 2020 after Barcelona announced on Tuesday the France international will be out for around six months following surgery on his right hamstring.

Euro zone bond yields jump as Sweden ditches negative interest rates

Thu, 19 Dec 2019 - 11:33 GMT

That rebound coincides with improved economic data and signals from major central banks that they are on pause for now.

Italy's economy minister says privatizations should proceed with caution

Sat, 14 Sep 2019 - 10:48 GMT

Italy’s economy minister Roberto Gualtieri said on Saturday that privatization targets set by the previous Italian government were “unrealistic”

Euro zone investor morale hits lowest since Oct 2014, Sentix says

Mon, 05 Aug 2019 - 09:27 GMT

The Sentix research group said its investor sentiment index for the euro zone dropped to -13.7 in August from -5.8 in July, far below the -7.7 analysts had forecast.

Euro zone economic sentiment declines as expected in July

Tue, 30 Jul 2019 - 09:30 GMT

Euro zone economic sentiment continued to worsen as expected in July on less optimistic industry, services, retail trade.

Euro zone growth, inflation outlook cut as risks from U.S. trade grow

Wed, 10 Jul 2019 - 10:48 GMT

The European Commission lowered its estimates for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a major risk to the bloc.

Sterling rises from five-month lows vs dollar, euro

Mon, 08 Jul 2019 - 10:17 GMT

By 1430 GMT, sterling was up 0.4 percent at $1.2712, bringing its gains in June to more than 3 percent.

Euro zone lending steady, money supply growth picks up: ECB

Mon, 01 Jul 2019 - 09:37 GMT

Euro zone lending growth held steady in May while a broader money supply indicator.

Euro holds firm after EU vote shows pro-Europe parties cling to majority

Mon, 27 May 2019 - 10:19 GMT

The common currency traded at $1.1211 in Asian trade, near its highest levels in 1 1/2 weeks, and off a two-year low of $1.11055 touched on Thursday.

ECB's Knot says euro zone inflation is not where ECB wants it

Sun, 19 May 2019 - 10:03 GMT

Inflation in the euro zone is not at the level the European Central Bank wants it to be.

Euro zone industry output dragged down by France, Italy

Tue, 14 May 2019 - 09:40 GMT

Euro zone industrial production fell in March for a second straight month as output declined in France and Italy but recovered in the bloc’s largest economy.

Euro falls to a one-week low after weak manufacturing surveys

Thu, 18 Apr 2019 - 10:20 GMT

Activity in Germany’s manufacturing sector shrank for a fourth straight month in April, while a similar survey from France also painted a bleak picture.

Australia dollar struggles after RBA caution, other currencies tread water

Tue, 16 Apr 2019 - 09:44 GMT

The Australian dollar was the surprise loser after Australia’s central bank left the door ajar for a possible cut in interest rates.

Euro stuck near $1.12 after weak German data

Thu, 04 Apr 2019 - 08:54 GMT

The euro has remained in a range of $1.12-$1.16 in 2019 despite a slowdown in the euro zone economy that has prompted new stimulus from the European Central Bank.

Trade talk optimism fuels gains in Aussie, yuan

Wed, 03 Apr 2019 - 10:09 GMT

For currency markets, that meant a rebound in the Aussie, long seen as a proxy for China given Australia’s export industries, and China’s yuan.

Aussie leads recovery as hopes for accommodative Fed knock the dollar

Mon, 18 Mar 2019 - 09:32 GMT

The euro was also a beneficiary from the weaker dollar, adding 0.2 percent to $1.1347.

Dollar struggles before Fed minutes; yuan hits three-week high

Wed, 20 Feb 2019 - 10:06 GMT

In offshore markets, the yuan rose 0.4 percent to as strong as 6.7195, its best level since Feb. 1.

Euro lifted from lows on trade talk optimism

Mon, 18 Feb 2019 - 10:25 GMT

“If anything we would be running with it. You have a background of quite decent growth and a Fed that is putting rates on hold.”

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